skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I bought PIH on momentum a couple of days ago at what appears to have been the worst possible time. The recent price action is a little puzzling, although I know it's not uncommon for a small cap up massively to experience some volatility. To keep the faith I am trying to look for as many signals as are available. One thing I am interested in in particular is insider trading data. Do you see any recent insider trading happening at PIH? Additionally, in general I am wondering how frequently insider trading data is required to be published and what are the best places to find it. Thanks for everything.
Read Answer Asked by JONAS on June 09, 2016
Q: Hello 5i team,
I am currently up 48% on CXI and am contemplating switching to Savaria (SIS). This would be within my TFSA. I am overweight financials (as most Canadians probably are..) and currently underweight industrials.
Would you endorse such a move; are there any "red flags" you would see to such a switch? Any thoughts or comments would be much appreciated.
Cheers,
Mike
Read Answer Asked by Mike on June 09, 2016
Q: Hi,
Based on other questions asked, I see you aren't recommending Buying PHM anytime soon. I have more frustration with this company than AVO and AYA combined.
Can you enlighten me on how a company like this gets a "2015 TSX Venture 50 Company" designation on TMX Money? The whole concept of the company seems like a sure win, but it keeps going the wrong direction. My loss is so great on this one, it's not even worth selling because it's near worthless. Also, do you feel there is some light at the end of this tunnel say 2-3 years from now? What could help turn it around?
Read Answer Asked by Patrick on June 09, 2016
Q: Hello Peter
I still have Phm 8000@1.046 and Qst 3000@2.57 not looking so good.
Should I sell one and add to the other? Or cut my losses and add to a better growth stock from your growth portfolio?
I am diversified so just looking at a better stock for the next 2-3 years.
Thanks for your work!
Read Answer Asked by Brad on June 09, 2016
Q: I help my son with his investments: he already owns XEG to capture an energy rebound in his TFSA & has another $25K to deploy in that account: he is not sure how long his time horizon is? A few stock suggestions that pay a nice dividend and/or have good growth potential over a 12mth period please?
Read Answer Asked by James on June 08, 2016
Q: Hi 5i,
This is in response to Earl’s question about managing an account for someone whose OAS supplement is reduced substantially in proportion to any taxable income from investments. A good way to generate some cash flow giving the effect of income but without taking the full impact of the supplement reduction might be to focus a portion of the portfolio on REITs whose growth and development activities allow them to designate all or most of their distributions as ‘return of capital’ or ROC. The cash payments come monthly, typically, but the ROC designation turns some or all of that cash from income into a reduction of the cost base for the investment, effectively swapping current year income tax on the payments for capital gains tax that is deferred until the eventual sale of the holding. Because any portion of a cash distribution designated as ROC is effectively not income, there should be no reduction of the OAS supplement resulting from receiving that ROC.
There is imperfect visibility with this approach because one cannot be certain in advance exactly how much of the year’s distributions will be designated ROC. That information comes with the tax slips and related info after year-end. But with that caveat, I have held REITs over many years that have designated most, sometimes all, of their distributions as ROC, year after year. A good example that I have held would be Artis REIT (AX.UN) but I expect that other 5i members have several other favorite examples. If you are willing to dig a bit, a REITs’ past record regarding ROC designations is usually available on its website or potentially through its Investor Relations people.
Read Answer Asked by Lance on June 08, 2016
Q: 1) What happened to your Growth Portfolio - last one was March/16?
2) Have not received any reply to my corrected question of 6/6/16? Thank you.
Read Answer Asked by Robert on June 08, 2016
Q: you seem to get a question on couche tard everytime it declines, and i know it is one of your favorites.
so is the recent decline due to sector rotation, cdn dollar strength, margins on gas etc or what.
i would think with the recent purchse of esso stations in mtl, possible bidding on valero and loblaws stations the stock would be rising, also most targets are in the 70 dollar range. dave
Read Answer Asked by david on June 08, 2016